In approving Veresen Inc.’s application to export Canadian gas to Oregon for the planned Jordan Cove LNG plant, the National Energy Board said it was satisfied that the gas resources will be sufficient to cover Canadian demand and the natural gas exports in the application.
As growing oilsands production and tight pipeline capacity pushes more producers and refineries into considering crude-by-rail, TransCanada Corporation is looking seriously at what services it can provide to assist them, the company’s chief executive said Thursday.
The Upper Mannville Group formation is showing promise for thermal heavy oil development as demonstrated by Pikes Peak South and Paradise Hill, Husky Energy Inc.’s latest projects in that formation, says a reserves evaluator.
Cequence Energy Ltd. replaced 691 per cent of production with proven plus probable reserves, which were up 24 per cent in 2013 as the company continued the successful delineation of its Simonette property in the Alberta Deep Basin.
With further development plans coming online, production in the Utica and Marcellus Shale plays is on the rise, with latest articles suggesting companies such as CONSOL are expecting a 30% production growth from the region in 2014. Increases in production mean increases in required water supply.
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